The thing is the Philippines has the capacity of earn a lot of money – just the remittances from overseas Filipino workers is staggering. We’re an archipelago so it is very strategic. We have so many islands so there is potential to develop tourism.
But we incurred so much debt, there is blatant corruption, and theft make it very hard to recover. We were really on our way up and then we started electing actors and actresses in government and it just went downhill.
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